No layoffs during Romanian state-owned Postal Co Restructuring

The restructuring strategy of Romania’s state owned postal company, approved last week by Government, does not include any layoffs, according to a company’s press release.

The restructuring program will introduce and develop a door-to-door sales service in urban areas, digital communication services, online commerce operations, and a call-center for processing orders.

Automated processing systems will be introduced in four major cities, including capital Bucharest, and the post code system will be perfected and advertised.

The post company will also offer financial services, such as deposits, loans, bank cards, insurance policies and currency exchange.

The total value of the main investments stipulated in the strategy is EUR113 million.